Which statement is true?

A. Employment discrimination plays virtually no role in determining the distribution of income.
B. Training, education, and intelligence play a very large role in determining the distribution of income.
C. In our society, it's basically who you know, rather than what you know that determines the distribution of income.
D. None of these statements are true.

B. Training, education, and intelligence play a very large role in determining the distribution of income.

Economics

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Which of the following observations is not true?

a. Demand curve of the perfectly competitive firm is perfectly elastic. b. There is only one price for a product in a perfectly competitive market. c. A firm in a perfectly competitive market can sell as much as it wants at market price. d. Demand curve of the perfectly competitive industry is perfectly elastic.

Economics

Some adults who were not working are included in the Bureau of Labor Statistics' "employed" category

a. True b. False Indicate whether the statement is true or false

Economics